Bitcoin is trying to break the small channel. If BTC able to break above $17,000 level then we see a move toward the upper resistance of the trading range. We will also see some upward movement in altcoins if BTC holds above $17,000.
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ETC Analysis
🔸ETC has nearly bounced off the support zone in the daily time frame, which is located between $13.55 and $14.20.
🔸Currently, the price is hovering below the resistance zone between $20.80 and $21.65.
🔸It is a critical time for the price as it will either reject from this resistance zone or breakthrough and close above it, potentially leading to an upward movement toward $26.50
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🔸ETC has nearly bounced off the support zone in the daily time frame, which is located between $13.55 and $14.20.
🔸Currently, the price is hovering below the resistance zone between $20.80 and $21.65.
🔸It is a critical time for the price as it will either reject from this resistance zone or breakthrough and close above it, potentially leading to an upward movement toward $26.50
signup.asia/bg